Month: December 2022

Rupee Today: The rupee reversed from over one-month lows on Wednesday to gain against a resilient dollar. NDTV Profit-Latest

This is the first ever instance of a retired person being appointed as a chairman of a Maharatna company. NDTV Profit-Latest

Through the ‘single-block-and-multiple debits’ feature on the Unified Payment Interface (UPI) platform, customers will have more trust while carrying out such transactions. NDTV Profit-Latest

Sula Vineyards: Shares will be priced between 340-357 rupees in the IPO, the first by a wine maker in the South Asian country. NDTV Profit-Latest

At present, resident entities in India are not permitted to hedge their exposure to gold price risk in overseas markets. NDTV Profit-Latest

Shaktikanta Das said that from a growth perspective, India stands out as an isle of resilience in a “gloomy world” which is staring at slowing growth with possibilities of recession … Read More

RBI: The monetary policy committee raised the key lending rate or repo rate to 6.25%. NDTV Profit-Latest

Shaktikanta Das pointed out that during the recent appreciation in the U.S. dollar, the rupee’s movements have been the “least disruptive,” relative to peers. NDTV Profit-Latest

“Through this episode of US dollar appreciation, the rupee’s movements have been the least disruptive, relative to peers,” the RBI Governor said. NDTV Profit-Latest

The new UPI function is expected to improve ease of making payments for online shopping and investments in securities. The Hindu – Economy